GoodDollar (G$): the daily claim, and what it is worth
Written by the Crypto Gratis editorial team · Last reviewed
GoodDollar is the longest-running project of its kind and the easiest to describe: verify once, claim a small amount of G$ every day, indefinitely. If you are not inside an impactMarket community, this is the realistic starting point.
What it is
GoodDollar launched in 2020 as a non-profit protocol distributing a token called G$ to anyone who completes identity verification. It came out of the orbit of the trading platform eToro, whose founder backed the initiative, and operates as its own foundation.
The stated aim is financial inclusion, and the reach supports it: the project reports more than 640,000 people onboarded across 181 countries, roughly two-thirds of them in emerging economies, with around 100,000 monthly active users. Whether it materially changes lives at that scale is arguable. That it has run continuously for years without collapsing is not, and in this category that counts for a great deal.
How to claim
- Create a GoodDollar wallet through the official site.
- Complete face verification — a liveness check matched against existing claimants to prevent duplicate accounts.
- Return each day and claim. The amount is your share of that day's pool.
Because the pool is shared, claiming faster or more often does not increase your share. Missing a day costs you that day and nothing else.
G$ runs on Ethereum, Celo and Fuse. In practice you want it on Celo or Fuse: transaction fees on Ethereum would exceed the value of anything you are moving.
The face scan, plainly
Think about this before you start rather than after.
Biometric data is not a password. If a database holding it is breached, you cannot issue yourself a new face. The trade on offer is an irreversible biometric disclosure in exchange for a small daily amount.
For a reader in a country where that daily amount buys something, that trade may well be worth making, and it is not our place to talk you out of it. For a reader claiming out of curiosity in a wealthy country, it is worth asking whether it is. We are not going to pretend the disclosure is nothing.
What a claim is actually worth
Small, by design — G$ is meant to circulate rather than appreciate. The honest framing is that a daily claim is negligible in a high-income country and non-trivial in a low-income one, and that asymmetry is the entire point of the project. Blanket advice about whether it is "worth it" is not useful; your own numbers are.
What matters more than the headline amount is whether you can spend it. See cashing out, which covers the routes from G$ to local money country by country.
Avoiding the impostors
Type the official address rather than clicking a search result — lookalike domains and cloned wallet apps are a constant problem around any project that gives things away. GoodDollar will never ask for your recovery phrase, and nobody legitimate will ever charge you a fee to claim.
Common questions
Is GoodDollar free?
Yes. Claiming costs nothing and the project covers transaction fees on the networks it uses. What it asks instead is a face scan.
How much G$ do you get per day?
A share of that day's distribution pool, divided among everyone who claims, so the per-person amount falls as more people claim. In fiat terms it has historically been a fraction of a cent to a few cents. Treat any specific figure you read anywhere, including older versions of this page, as out of date.
Do I have to do the face scan?
To claim, yes — it is the whole mechanism for stopping one person claiming as a thousand. If you are not willing to do biometric verification, that is a reasonable position, and Circles is the project built for you.
Which countries can use it?
GoodDollar reports users in 181 countries, with roughly two-thirds in emerging economies. It is one of the few projects here that is genuinely open almost everywhere.
See also: impactMarket if you are in one of its countries, Circles if the face scan is a dealbreaker, and the wallet guide before you start.
Sources
Everything above is based on the following. Where they and we disagree, they are right — check them before you act on anything here.